Even though evidence is mounting that the US economy may be soon heading into a recession, there are plenty of analysts who say that the surge in credit-card borrowing is a sign of strong confidence among households. That’s hardly the case. In fact, households’ confidence in the future growth of their incomes has been cooling since late last summer, which ...

Why have Australia’s big four banks been suffering over the past year? Is it the Royal Commission into misconduct in the financial sector, due to publish its final report after local markets close on Monday? Or is it the effect of a housing market entering a once-in-a-generation slump? While the real answer is probably a mixture of the two, it’s ...

As congressional negotiators attempt to reach a deal on border security to keep the US government open, Democrats would be smart to come to the table willing to match or even exceed President Trump’s demand for a $5.7 billion appropriation. They need only insist that the money be spent on measures that would effectively strengthen America’s borders. That would include ...